HSBC Group Mumbai Software Engineer Salaries by 10+ Employees

1 - 4 years exp.

₹4 Lakhs - ₹10.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

Software Engineer Salary at HSBC Group ranges between ₹4 Lakhs to ₹10.8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 18 latest salaries received from... Read more

12% more than the average Software Engineer Salary in Financial Services Companies for 1 - 4 years of experience

Interested in this particular role? 2 job openings

What are the roles & responsibilities of a Software Engineer at HSBC Group?

Software Development

Develop and maintain APIs & microservices
Contribute to all stages of software development lifecycle
Analyze user requirements to define business objectives
Deliver business specific custom requirements

Collaboration & Communication

Proactively communicate with product owner, developers, QA, and database engineers
Liaise with other engineers and stakeholders to drive product direction
Work closely in a cross-functional product team
Participate in broader discussions about software architecture

Technical Support & Maintenance

Provide support across the end-to-end delivery and run lifecycle
Troubleshoot application issues in a timely manner
Support system acceptance testing & system integration tests
Monitor system health checks across applications

Process Improvement

Identify and resolve any technical issues arising
Focus on process/service improvement opportunities
Promote standardization of processes across regions
Drive a culture of continuous improvement in software delivery

Read full roles & responsibilities

Last Updated: 14 Dec 2024

Companies similar to HSBC Group for Software Engineer in Mumbai

HSBC Group Software Engineer Salary

1 - 4 years exp. (18 salaries)

₹4 L/yr - ₹10.8 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Engineer Salary 0 - 12 years exp. (477 salaries)	₹11 L/yr - ₹36 L/yr 161% more	19 job openings
BNP Paribas Software Engineer Salary 1 - 7 years exp. (142 salaries)	₹5 L/yr - ₹14 L/yr 1% more	2 job openings
Login to view exact salary
Morgan Stanley Software Engineer Salary 1 - 10 years exp. (57 salaries)	₹11 L/yr - ₹40 L/yr 166% more

Marsh McLennan Software Engineer Salary 1 - 7 years exp. (44 salaries)	₹3.9 L/yr - ₹13.1 L/yr 9% less
UBS Software Engineer Salary 1 - 7 years exp. (31 salaries)	₹9.3 L/yr - ₹25 L/yr 97% more
Aditya Birla Capital Software Engineer Salary 1 - 6 years exp. (15 salaries)	₹3.5 L/yr - ₹13 L/yr 14% less
Motilal Oswal Financial Services Software Engineer Salary 1 - 6 years exp. (5 salaries)	₹5.5 L/yr - ₹20 L/yr 19% more
Login to view exact salary

From

Software Engineer

₹

Lakhs/yr

0 - 6 years exp.

Senior Project Manager

₹

Lakhs/yr

13 - 21 years exp.

Software Engineer

0 - 6 years exp.

Senior Software Engineer

2 - 11 years exp.

67% hike

Consultant Specialist

5 - 16 years exp.

47% hike

From

View 3 more levels

Software Engineer

0 - 6 years exp.

Lead Consultant Specialist

13 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

HSBC Group Software Engineer salaries by

Years of experience	Avg. annual salary
1 year (6 salaries)	₹5 L/yr - ₹10 L/yr
2 years (6 salaries)	₹4 L/yr - ₹9.4 L/yr
Login to view exact salary
3 years (4 salaries)	₹5.1 L/yr - ₹10.8 L/yr
4 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr

Similar Designation Salaries at HSBC Group

Similar Designation	Avg. annual salary
Consultant Specialist Salary (16 salaries)	₹16 L/yr - ₹33 L/yr
Senior Consultant Specialist Salary (11 salaries)	₹26 L/yr - ₹39 L/yr
Login to view exact salary
Senior System Administrator Salary (4 salaries)	₹12.1 L/yr - ₹20.5 L/yr
Lead Business Analyst Salary (4 salaries)	₹19.4 L/yr - ₹36.5 L/yr

What people are saying about HSBC Group

View All

captaincul

ex -

IBM

Worried about BGV

Actually i got preoffer letter in HSBC just worried abt BGV , In my first company i just worked 2 months and left but i didnt get any experience letter letter but after that i worked for 4 years in Another company where i got all documents and just shared offer letter of my first company iwith BGV team. Can anyone one help me out i also informed HR during discussion he also said he will make a note

Got a question about HSBC Group?

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Salary related reviews for HSBC Group

Software Engineer in Pune

Full Time

Engineering - Software & QA Department

2.0

• updated on 27 Apr 2025

4.0

for Salary and Benefits

Likes

Good salary, less increment. Hybrid work culture, hsbc as a company is really good but my department and team sucks

Salary - Good

+1 more

Dislikes

The work culture sucks here, lot of politics and nuisance. Mangement is poor and no one has work satisfaction.

Skill development - Bad

+4 more

Software Engineer in Pune

Full Time

Engineering - Software & QA Department

3.0

• updated on 11 Feb 2022

1.0

for Salary and Benefits

Likes

Work culture varies from team to team. HSBC is a bureaucratic mess. The management is clueless about what is happening and just throws around the latest buzzwords like a parrot There is a lot of scope to develop your skills and learn as there is no one here who knows anything and you yourself have to take up the initiative to do things

Skill development - Good

+2 more

Dislikes

Compensation is poor There are no procedures in place to accomplish things but their feature list is too long, expectations are high and timelines are too tight

Salary - Bad

+2 more

Software Engineer in Maharashtra

Engineering - Software & QA Department

2.0

• updated on 03 May 2021

2.0

for Salary and Benefits

Likes

The only thing that kept me going was job security. The work culture wasn't really good.

Dislikes

...ement sweet talks you every time you discuss an issue and it rarely gets solved. Salary was good but the yearly bonus/raise was meagre. Not much flexibility with the holiday plan, a lot of it depends on the team also, but overall work culture wasn't a good experience. If you value work satisfaction, welcoming culture, work life balance over salary then this place is not for you.

Salary - Poor

+5 more

Software Engineer in Pune

Engineering - Hardware & Networks Department

3.0

• updated on 21 Mar 2021

2.0

for Salary and Benefits

Likes

... not transparent. No work life balance. Sometimes you have to work for 12 hrs. Compared to work hike and bonus is very less.

Dislikes

Salary - Poor
Promotions - Poor

+3 more

Senior Associate in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

5.0

• updated on 20 Oct 2023

3.0

for Salary and Benefits

Likes

I am impressed with my workplace which is mostly work from home. The atmosphere here is incredible supportive, fostering both personal and professional growth. The team is also like a family and make each day enjoyable.

Skill development - Good

+5 more

Dislikes

In the like comment, I have mentioned that its Hybrid or majority work from home, the salary structure is kind of average. In the beginning we used to claim our internet bills. However, they removed the internet bill reimbursement policy recently. Hope we wish to get it back so that I could give 5 star for salary and benefits next time. Some people would laugh at this dislike but many would know.

see more salary related reviews

HSBC Group Software Engineer Salary FAQs

What is the salary of Software Engineer at HSBC Group in Mumbai?

The average salary of a Software Engineer at HSBC Group in Mumbai typically ranges from ₹4.0 Lakhs to ₹10.8 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Software Engineer in Mumbai at HSBC Group earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.8 Lakhs per year. Software Engineer Salaries at HSBC Group can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ HSBC Group employees in India.

What is the estimated take home salary of a Software Engineer at HSBC Group in Mumbai?

The estimated take-home salary of a Software Engineer at HSBC Group in Mumbai typically ranges from ₹69,821 to ₹71,616 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹10.8 Lakhs per year for employees with experience ranging from 1 year to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer at HSBC Group in Mumbai?

To be a Software Engineer at HSBC Group in Mumbai, the key skills required include:

- Financial Services
- Agile Coaching
- Automation Testing
- Python
- SQL

These skills are highly valued at HSBC Group and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HSBC Group for Software Engineer in India?

Morgan Stanley	₹11.0 Lakhs to ₹40.0 Lakhs per year
JPMorgan Chase & Co.	₹11.0 Lakhs to ₹36.0 Lakhs per year
UBS	₹9.3 Lakhs to ₹25.0 Lakhs per year
Motilal Oswal Financial Services	₹5.5 Lakhs to ₹20.0 Lakhs per year
BNP Paribas	₹5.0 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HSBC Group, depending on the role and experience level.

What is the salary of a Software Engineer in companies similar to HSBC Group in Mumbai?

The salary of a Software Engineer at companies similar to HSBC Group in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Marsh McLennan	₹3.9 Lakhs to ₹13.1 Lakhs per year
Aditya Birla Capital	₹3.5 Lakhs to ₹13.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Software Engineer at HSBC Group in Mumbai?

The salary growth for a Software Engineer at HSBC Group in Mumbai depends on factors such as experience, performance, and promotions. On average, a Software Engineer in Mumbai can expect the following growth trajectory at HSBC Group:

Experience	Average Salary Range
1 year	₹5.0 Lakhs to ₹10.0 Lakhs per year
2 years	₹4.0 Lakhs to ₹9.4 Lakhs per year
3 years	₹5.1 Lakhs to ₹10.8 Lakhs per year
4 years	₹9.3 Lakhs to ₹11.9 Lakhs per year

and so on.

Top skills at HSBC Group for Software Engineer

DevOps SQL Java Problem Solving Agile Spring Microservices

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HSBC Group Software Engineer Salaries in Mumbai

HSBC Group Software Engineer salary in Mumbai ranges between ₹4 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 HSBC Group latest salaries received from various employees of HSBC Group.